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Nov 30, 2012
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FOXNEWSW
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it will have no effect on deficit. no effect on rescuing us. and i think republicans ought not play that game. it doesn't help the income. >> to answer your question, the middle class tax cuts are permanent. and the response to charles would be that the obama white house believes it will help the economy. >> they're completely wrong. that is the problem. >> bret: next up, the friday lightning round. [ "odd couple" theme plays ] humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else mes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >> bret: every week, viewers vote for your choice online in the lightning round poll. and this week, cabinet reshuffle won with 36% of the vote. back with the panel. okay, bill. susan rice hasn't been dominated for everything but we think she might be nominated for secretary of state.
it will have no effect on deficit. no effect on rescuing us. and i think republicans ought not play that game. it doesn't help the income. >> to answer your question, the middle class tax cuts are permanent. and the response to charles would be that the obama white house believes it will help the economy. >> they're completely wrong. that is the problem. >> bret: next up, the friday lightning round. [ "odd couple" theme plays ] humans -- even when we cross our t's...
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Nov 30, 2012
11/12
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CSPAN
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frightening deficits. and mr. speaker, those deficits are barely noticeable compared to where we are today. largest budget deficits in american history during the bush years. deficits so large they were threatening our economy and president bush began to bring them down during the last four years of his tenure. and they're dwarfed by the size of the deficits created by this u.s. house of representatives under democratic control, the united states senate under democratic control and president barack obama and the white house. mr. speaker, those numbers have combn to come down. you can see here over the last four years, we had $1.5 trillion deficit. in 2009 1.34 trillion, $1.1 in travel twelve. look out over this 10-year horizon. again, these numbers come from the congressional budget office which is a nonpartisan group on clip. this comes from the office of management and budget which is the president's team down at the white house. if we do nothing to curtail spending, the largest deficits ever known to this land
frightening deficits. and mr. speaker, those deficits are barely noticeable compared to where we are today. largest budget deficits in american history during the bush years. deficits so large they were threatening our economy and president bush began to bring them down during the last four years of his tenure. and they're dwarfed by the size of the deficits created by this u.s. house of representatives under democratic control, the united states senate under democratic control and president...
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Nov 30, 2012
11/12
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CURRENT
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, is a continuation of about repealing the affordable care act which would result in increasing our deficit. and so republicans really have this a little bit backwards. >> jennifer: well, so as part of the deal today the white house was calling for $50 billion infrastructure bank i was excited to see that. you are a member of the transportation and infrastructure committee. can that survive house republican cuts? >> well, it should. i mean, i have a broad smile on my face about infrastructure because we know and you know as a former governor, that the infrainfrastructure across this country is following apart if we invest in it we create jobs and grow jobs and and put us in global competition in the economy, i hope it does survive i think republicans and democrats recognize across country that we haven't done nearly enough for infrastructure spending and i think there is broad support for that across the board republicans and democrats. >> jennifer: just really quickly, i mean, i totally agree with you, this is a bit i've different mechanism funding infrastructure bank as opposed to direct
, is a continuation of about repealing the affordable care act which would result in increasing our deficit. and so republicans really have this a little bit backwards. >> jennifer: well, so as part of the deal today the white house was calling for $50 billion infrastructure bank i was excited to see that. you are a member of the transportation and infrastructure committee. can that survive house republican cuts? >> well, it should. i mean, i have a broad smile on my face about...
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Nov 30, 2012
11/12
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CSPAN
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they're raising state and local taxes to solve their deficit problems. something to keep in mind when we talk about these detention caps. you could be pushed up against a deduction if you live in new york. if you live in new york and have high state and local taxes, if congress moves forward with a deduction cap, you could go right up to that cap. host: 24% of those were claiming the earned income tax credits. 13% climb in the child tax credit. these credits, you can use them simultaneously. guest: some of these are refundable which means you get money back even if your tax bill is zero. whenever the refundable not is -- whenever the refundable amount is, you get to take home. host: we will go to ray in atlanta, georgia. caller: how much will an individual or can an individual receives who has two children in a single-parent household? what is the maximum amount of money they receive back in the form of tax credits? once you look at that and if there at that dollar level, we're finding their children for free and reduced lunch and i assume adding some ad
they're raising state and local taxes to solve their deficit problems. something to keep in mind when we talk about these detention caps. you could be pushed up against a deduction if you live in new york. if you live in new york and have high state and local taxes, if congress moves forward with a deduction cap, you could go right up to that cap. host: 24% of those were claiming the earned income tax credits. 13% climb in the child tax credit. these credits, you can use them simultaneously....
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Nov 30, 2012
11/12
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CNNW
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we have a $16 trillion deficit and the president wants to spend more money. are you kidding me? >> all right, jess. what do the serious negotiations take place here? that he puts an offer on the table to secretary geithner. the republicans are now angry. where is the next step here? >> well, you know, it's up to the republicans to come back with something, and now we're waiting to see what their next move will be. you know, the republicans' position is this was an unreasonable offer and it does not balance out with enough spending cuts. they want to refocus on spending cuts instead of tax increases. we should expect to see something from republicans that will be more heavily focused on the cuts. you know, the white house is very clear. they are not going to give on that increase on tax rates. that's where the fight will take place over the mechanics few weeks. >> we'll see if there's any republican reaction to the president's plan there because, obviously, he is using all the tools that he has to push forward his plan. we'll see how they come up with the alternative. thanks, jes
we have a $16 trillion deficit and the president wants to spend more money. are you kidding me? >> all right, jess. what do the serious negotiations take place here? that he puts an offer on the table to secretary geithner. the republicans are now angry. where is the next step here? >> well, you know, it's up to the republicans to come back with something, and now we're waiting to see what their next move will be. you know, the republicans' position is this was an unreasonable offer...
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Nov 30, 2012
11/12
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KPIX
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here's the big picture-- $4 trillion of deficit reduction over the next 10 years. it includes $1.6 trillion in higher taxes on households make manage more than $250,000. there's also $400 billion in cuts to entitlement programs, like medicaid and medicare, as well as others. there is also fresh new aending. $50 billion next year in stimulus spending, all for infrastructure. the white house calls this an opening bid. house republicans call it a rehash of old ideas and also object to the idea of a white house asking a permanent legislative remedy to raising the debt ceiling, all of it, the republicans say rather, is unacceptable. now much of this was conveyed in a 28-minute phone conversation yesterday between president obama and house speaker john boehner. both sides describe that conversation, scott, as direct and candid. those are words custom early reserved for diplomacy between sworn adversaries and tonight that might be where we are. >> pelley: major, thanks very much. now, have a look at these two pictures. president obama and mitt romney at the final debate,
here's the big picture-- $4 trillion of deficit reduction over the next 10 years. it includes $1.6 trillion in higher taxes on households make manage more than $250,000. there's also $400 billion in cuts to entitlement programs, like medicaid and medicare, as well as others. there is also fresh new aending. $50 billion next year in stimulus spending, all for infrastructure. the white house calls this an opening bid. house republicans call it a rehash of old ideas and also object to the idea of...
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Nov 30, 2012
11/12
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because he wants to bring down the deficit. he wants to -- and has agreed to, and we've agreed to, over $1.7 trillion in spending cuts already for 2011, 2012, and 2013 and for the next decade. or at least until 2022. we've already agreed to that you press that, you were -- you pressed that, you were successful, we agreed on many of those. some we didn't agree on. but you had the votes, we needed to reach an agreement and we reached an agreement. we've cut almost $2 trillion of spending already. you're correct. we need to assure the fact that we pay for what we buy. and if we don't want to pay for it, my view is we shouldn't buy it. frankly, those tchash principle applies in my opinion to tax eexpenditures as well as to buying stuff. it all reduces your -- -- reduces your ability to pay for what you're buying. it's not that i'm technically correct, i'm correct. the bill i'm asking you to pass will simply give to the 98% of americans, taxpayers, the assurance that their taxes will not go up on january 1. if we dent don't pass it,
because he wants to bring down the deficit. he wants to -- and has agreed to, and we've agreed to, over $1.7 trillion in spending cuts already for 2011, 2012, and 2013 and for the next decade. or at least until 2022. we've already agreed to that you press that, you were -- you pressed that, you were successful, we agreed on many of those. some we didn't agree on. but you had the votes, we needed to reach an agreement and we reached an agreement. we've cut almost $2 trillion of spending already....
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Nov 30, 2012
11/12
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CNNW
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and it's clear today that important first step rebuilding the trust deficit, closing the trust deficit, a long way to go. >> john king, thanks so much. good to see you. >>> a warning from the fda about one of the most prescribed drugs in the u.s. new details of a massive recall. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. [ male announcer ] the bankamericard cash rewards card. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committe
and it's clear today that important first step rebuilding the trust deficit, closing the trust deficit, a long way to go. >> john king, thanks so much. good to see you. >>> a warning from the fda about one of the most prescribed drugs in the u.s. new details of a massive recall. i love the holidays. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump...
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Nov 30, 2012
11/12
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KRON
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as investors closely monitor talks in washington over narrowing the government's budget deficit. stocks also rallied on a pair of good reports on jobs and the housing market looking at the numbers.. day up 37 points to close gained six- points. >> let us talk about how >> the trend so far it is aggressive with a good year it is helping already economy. purchases were up for the month of october, with a 5.2% and was only supposed to be a one-person climate. so people feel better and better they're putting it there homes of personal we were supposed to only see a-1% climbing up prices. and a substantial component to our building block of our economy. >> they do not seem to like macy's, donald trump is that having an impact on his product at macy's? >> i have never understood this in any way, shape, form. they look at this as a businessman. he made his money by inherited his a father's money. despite the wanted to dump truck with macy's the have not done it. and even the c f o came out of we listen to the customer. but they should take a look at the new research that came from yougo
as investors closely monitor talks in washington over narrowing the government's budget deficit. stocks also rallied on a pair of good reports on jobs and the housing market looking at the numbers.. day up 37 points to close gained six- points. >> let us talk about how >> the trend so far it is aggressive with a good year it is helping already economy. purchases were up for the month of october, with a 5.2% and was only supposed to be a one-person climate. so people feel better and...
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Nov 30, 2012
11/12
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KPIX
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for $4 trillion deficit reduction in ten years, $1.6 trillion comes from households earning more than $250,000 a year. $400 billion in entitlement cuts in program like medicare and medicaid and $50 billion in new spending next year for inf infrastructu infrastructure. there's another idea. a permanent cease fire on raising the debt ceiling now $16 trillion that would allow it to rise automatically. republicans use the debt ceiling last year to extract spending cuts and they don't want to give up that leverage. >> there's a lot of things i've wanted in my life but almost all of them had a price tag attached to them. and if we're going to talk about the debt limit in this, there's going to be some price tag associated with it. >> reporter: the white house still seat tchlsiethes over las fight and doesn't want a replay. >> to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. >> reporter: the more both sides talk, the more complications they discover. the white house says nothing will move forward until
for $4 trillion deficit reduction in ten years, $1.6 trillion comes from households earning more than $250,000 a year. $400 billion in entitlement cuts in program like medicare and medicaid and $50 billion in new spending next year for inf infrastructu infrastructure. there's another idea. a permanent cease fire on raising the debt ceiling now $16 trillion that would allow it to rise automatically. republicans use the debt ceiling last year to extract spending cuts and they don't want to give...
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Nov 30, 2012
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. >> stephanie: they said deficits don't matter. quote dick cheney or whatever. [ whatever ] who can remember. >> who can say. >> stephanie: by the way wow guess who relayed a lot of bad intelligence on tv shows. senator john mccain and lindsey graham. >> i think once they said there were weapons of mass destruction in iraq. >> stephanie: yes, they're accusing susan rice, and their own moment of relaying bad intelligence. in 2003 they made appearances on "meet the press"; "face of a nation" where they said saddam hussein had weapons of mass destruction. for 1 years we've been playing this game trying to get this man to part with his weapons of mass destruction. mccain on "face of a nation" also made the case for the war based on weapons--wmd, and not being straightforward is a very reckless charge. there is not a doubt in my mind that saddam hussein would give out weapons of mass destruction. so basically wrong wrong wrong about everything. [ buzzer ] possibly even misleading the american people. >> by the way saddam hussein had not
. >> stephanie: they said deficits don't matter. quote dick cheney or whatever. [ whatever ] who can remember. >> who can say. >> stephanie: by the way wow guess who relayed a lot of bad intelligence on tv shows. senator john mccain and lindsey graham. >> i think once they said there were weapons of mass destruction in iraq. >> stephanie: yes, they're accusing susan rice, and their own moment of relaying bad intelligence. in 2003 they made appearances on "meet...